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Washington Post Blogs:
Trump's latest scam: Defining poverty out of existence; The administration doesn't deserve the benefit of the doubt.

8 May 2019

What makes this idea particularly absurd is that studies repeatedly find that lower-income households experience greater inflation than higher - earning ones. (Researcher Xavier Jaravel dubbed this "inflation inequality" in a 2017 paper.) One reason: Companies are catering to the top tier of earners, upping competition and reducing prices for many of the products the affluent are likely to use. For example, decreases in the price of organic groceries acted to reduce the overall increase in the price of food as calculated by the government. But fewer low-income households purchase organic food, since it costs more.

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